PANews reported on February 18 that according to the Hong Kong Wen Wei Po, the Hong Kong High Court approved for the first time last month the use of blockchain technology to serve a "Tokenised Injunction Order" to two virtual asset wallet addresses suspected of fraud. Hong Kong Financial Services and the Treasury Bureau Director Paul Chan said that this move is an important step in improving the regulation and protection of virtual assets and digital currencies. The issuance of an injunction through blockchain technology provides a solution for handling legal issues in the virtual asset field, and also sets an important precedent for handling similar cases in the future.

Earlier news , the Hong Kong court issued a tokenized legal notice to two illegal wallets on the Tron network and was required to freeze their assets. Although previous cases in jurisdictions such as the United States and the United Kingdom have demonstrated the court’s ability to adapt to new methods, the tokenized notice launched in Hong Kong this time is particularly unique because it does not allow ignorance as a defense.